Market Cap Calculator: Price, Supply and Market Cap
Edit price or market cap and the other updates. Supply defaults to the current on-chain supply.
Reading the result
Market cap is a way to compare size, not a measure of the money inside a token. Read market cap vs FDV and how to read a chart. QNT's supply changes when tokens are burned, see token burning.
This is not a price target
Showing what price matches a given market cap is just division. It says nothing about whether a token will reach that level, and most memecoins do not. See QNT risk factors. Not financial advice.
The maths in one line
Market cap = price times supply. Rearranged, price = market cap divided by supply. That is the whole formula, and the calculator just does it in both directions. Worked example with made-up numbers: a supply of 1,000,000,000 tokens and a price of $0.00004 gives a market cap of 1,000,000,000 times 0.00004 = $40,000. Doubling the market cap to $80,000 with the same supply implies a price of $0.00008. These are illustrations for arithmetic and not claims about any real price.
Raw units and decimals
Solana token amounts are stored as whole numbers called raw units. If a token has 6 decimals, a raw amount of 1,000,000,000,000,000 equals 1,000,000,000 tokens, since you divide by 10 to the power 6. Using the raw number by mistake makes a market cap a million times too large. Chain explorers and wallets normally show the adjusted figure. See What Is a Token Mint and Token Supply on Solana and Solana Token Standards.
Which supply should you use?
| Supply used | Resulting figure | Notes |
|---|---|---|
| Circulating supply | Market cap | Standard definition. Excludes locked tokens when a site knows about them. |
| Total or maximum supply | Fully diluted valuation (FDV) | Excludes burned tokens. Larger or equal to market cap. |
| Launch supply | Overstated if tokens were burned | Use current on-chain supply instead. |
Data sites do not always use the same supply, so the same token can show different caps on different sites. Check which one a number uses before comparing. Details are in Market Cap vs FDV.
Limits of market cap
- It multiplies the last trade price by every token, but selling even a small share would move the price. See Liquidity Depth and Price Impact Explained.
- It says nothing about liquidity. A $40,000 market cap with a $2,000 pool is far shakier than one with a $20,000 pool. Use the price impact calculator to see.
- Burns lower supply, so the same price means a lower market cap. See Token Burn Calculator.
- Market cap is not "money invested". Nobody put $40,000 into a token because its cap is $40,000.
Common mistakes
- Comparing a token's price to another's. A cheaper-looking price with a bigger supply can be the larger project.
- Reading "price at a target market cap" as a prediction. See the milestone buy calculator for what such moves would need.
- Pulling supply from a stale table. Verify with How to Verify QUANTUM (QNT) on Solscan Step by Step.
Education only, not financial advice, and no forecast. The QNT memecoin is independent of Quantinuum Ltd.
Sources and further reading
- Solana docs: tokens (mint accounts, token accounts, authorities, decimals)
- Uniswap docs: how Uniswap works (constant product formula)
Facts checked 2026-10-09 against the linked pages. Education only, not financial advice. Nothing here predicts the price of any asset, and the QNT memecoin is an independent community token with no link to Quantinuum Ltd or any lab, chain or exchange named on this page.
Frequently asked questions
How do I calculate market cap?
Multiply price per token by the number of tokens in circulation.
Which supply should I use?
The current on-chain supply, which for QNT is lower than launch supply because of burns.
Does a higher market cap mean a better token?
No. It only describes size, not quality or safety.
Why is a token with a tiny price not necessarily cheap?
Because market cap is price times supply. A low price with a huge supply can still be a large market cap.
How do I get price from market cap?
Divide the market cap by the supply used. The calculator does this when you edit the market cap field.
Why do two sites show different market caps for the same token?
They may use different supply numbers, exclude burned or locked tokens, or update at different times.
What are decimals?
They set how a raw on-chain number maps to tokens. With 6 decimals, divide the raw amount by one million.
Keep reading
- Market Cap vs FDV: What Is the Difference?
Market cap uses circulating supply, while fully diluted valuation (FDV) uses the maximum supply. Learn how each is calculated and why the gap matters. - What Is Tokenomics? A Beginner's Guide
Tokenomics describes a crypto token's supply, distribution, burns and rules. Learn what to look at and which questions to ask before trusting any numbers. - QUANTUM (QNT) Tokenomics: Supply, Burn and Authorities
QUANTUM (QNT) tokenomics explained: launch supply, current supply, burnt amount, how the burn is calculated, and what revoked authorities mean. - How to Read a Memecoin Chart: Price, Market Cap, Liquidity and Volume
A beginner guide to reading memecoin charts: candlesticks, market cap, liquidity, volume and buy versus sell pressure.
All Calculators and tools guides | Back to top | Search the site
Main pages: What is QNT? | Token information | How to buy | FAQ